Highly Sought After 1st Class Jacobean Inn For Sale

Business description

Attractive and substantial Jacobean inn, well praised for its award winning food, fine ales and extensive wine list and its comfortable accommodation.
Delightful and Traditional Lounge Bar (circa 35+), Public Bar (circa 25), Private Dining Area (circa 12), Stunning Restaurant (circa 25 covers).
9 exceptional Letting Bedrooms – all with ensuite facilities.
Separate 6 bedroomed staff accommodation block.
Fully equipped Commercial Catering Kitchen.
Long Lease – 22 years remaining on renewable Enterprise Inns lease.
Current sales circa £500,000 (incl. VAT).
45% wet, 30% food and 25% letting.

AN EXCITING OPPORTUNITY TO PROCURE A TOP QUALITY WELL ESTABLISHED BUSINESS AND HOME OFFERING EXCELLENT PROFITS WITH A WONDERFUL QUALITY OF LIFE IN THIS BEAUTIFUL LOCALE

ASKING PRICE £125,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

THE PROPERTY

This fantastic inn is an attractive and impressive Jacobean property retaining much of its former glory and character. A substantial and traditional 3-storey stone built structure under a pitched, slate roof. The main entrance at the front leads into the Lobby having lovely flagstone flooring with access to the Public Bar and the Lounge Bar.

Lounge Bar (35+) is a good sized charming and characterful room exuding a warm and cosy ambience. There is a return bar servery with a polished counter and glass gantry above that is complemented by a mix of loose polished tables, leather upholstered pews and a semi-circular leather upholstered settle, there is also a range of upholstered chairs and upholstered stools. Adding to the charm of this room is the feature stone built fireplace with log burner, exposed stone walls and pillars. Access to the Private Dining Area and W.C’s. Private Dining Area (12) having a part wooden and part carpeted floor with loose polished tables and upholstered chairs

Public Bar (25) is again a most delightful and charming room with a wonderful traditional feel having a feature central return bar servery with a polished counter and glass gantry above; a matching back fitting with full range of trade optics and refrigerated bottle coolers (not tested). In keeping with the lounge bar, there is an array of loose polished tables and upholstered chairs. Again, adding to the traditional ambience of this room is the lovely open fireplace, exposed stonework and the part panelled walls and the exposed beamed ceiling. Access through to the Restaurant.

Restaurant (circa 25 covers) is a warm and inviting room exuding a lovely romantic ambience. There is a mix of loose polished tables and a mix of upholstered chairs, exposed stonework, a feature open fireplace and exposed beamed ceiling. Access to the Private Dining Area and Guest Accommodation.

Lower Ground Floor Cellar with dray drop, pumps, python, tilt racks and cooler.

Ladies and Gents W.C’s.

Catering facilities include a fully equipped commercial Kitchen with stainless steel appliances and preparation surfaces (appliances not tested). Dry goods store room.

GENERAL REMARKS

We are advised that the inn benefits from all mains services and uses gas central heating (no services seen or tested). The business is offered for sale as a lease assignment with approximately 22 years remaining of the original Enterprise Inns full repairing and insuring, renewable agreement. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium – subject to the provision of the Landlord & Tenant Act 1954. We are advised that the lease is part tied to draught beers, bottled beers, ciders and alcopops only. Business rates payable are advised as being £29,000 per annum. Rent is currently £60,000 per annum reviewed in 2011.

THE BUSINESS

This delightful inn is operated by our vendor clients, as a husband and wife team, on a full time basis with the assistance of 3 full time chefs, 1 full time housekeeper, 2 full time bar staff and 6 part time members of staff. After many successful years in the trade our vendor clients, due to family commitments have decided to sell this excellent business. This beautiful inn is a successful and profitable business and already having a solid trading foundation still offers new enthusiastic entrepreneurial ‘hands-on’ owner operators considerable potential to increase the sales, especially by focussing on an intensive marketing campaign to capture the thousands of visitors and tourists to utilise the letting accommodation, which would also have a positive ‘knock-on’ effect increasing the wet and food side of the business. Current sales are circa £500,000 (incl. VAT). Trade split is approximately 45% wet, 30% food and 25% accommodation.

Accounting information will be made available to interested parties after viewing.

Property information

Living accommodation:

LETTING ACCOMMODATION A total of 9 bedrooms (8 double bedrooms and 1 twin bedroom) all bedrooms have en-suite shower room, flat screen digital television and tea/coffee making facilities. STAFF ACCOMMODATION There is a separate 2 storey unit having a total of 6 bedrooms all with en-suite shower rooms for resident staff. OWNER’S ACCOMMODATION Self contained apartment situated on the second floor and briefly comprises: 1 good sized bedroom, 2nd bedroom/office, lounge/kitchenette and bathroom. EXTERNAL Patron’s car parking facilities for circa 10 cars. There is an enclosed beer garden with timber benches/seating and a stone built storage unit housing a walk in freezer.

Location:

This mouth watering and highly desirable inn resides in the stunning and unspoilt countryside twixt the Lake District National Park and the Yorkshire Dales National Park and can be easily reached from either junction 35 or junction 36 of the M6 motorway. This delightful Jacobean inn is a well used and popular venue for local and commercial trade emanating from the surrounding and affluent catchment areas; and also having an excellent level of passing and repeat trade from visitors and tourists coming from afar to this beautiful and particularly popular region. An enviable place to reside and a compelling trade opportunity.

Other information

Trading hours:

We are advised that the inn trades with the benefit of a Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Monday – Sunday – 10.00am – Midnight

The current trading hours are as follows:

Sunday – Thursday – 11.00am – 11.00pm

Friday & Saturday – 11.00am – Midnight

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the NCPLH Qualification in readiness for their intended operation of the Public House. Guy Simmonds hold this 1 day NCPLH Course every 2 weeks.